MPIX Daily Chart.......... She's Finally Ready t

MPIX Daily Chart.......... She's Finally Ready to Move

MPIX appears finally ready to fly after Friday's announcement by management that the DTC chill has been lifted. Now all those that have used the 'But TDA won't let me buy because of a chill', will finally be able to join what many of us believe will be one of the best penny stocks to be invested in. The progress of the last few months, to include an actual project announced and delivered, new management, Rick Garson appointed to the BOD, the announced reduction of 400 mil shares from the OS and the conversion of those shares to a non-convertible preferred stock, the Lionel Messi project to be held on July 6 at Soldier Field in Chicago, and the lifting of the chill, all leads up to what many of us believe will be an gradual move to dimes and higher. I would now expect to see management move quickly with the many projects that we've been hearing and reading about. It certainly took a bit longer than many have hoped for, but creating a strong foundation is necessary to build upon, and MPIX/ZZYX is building a monster imo. No worries as it allowed millions more shares to be sucked up by those that have the patience of a real investor who understand what is being built here.

After almost three months of holding the longer term MA200 near the .005 level, MPIX looks like it might be finally ready for a breakout to the upside, maybe into the multiple pennies. The accumulation has been sick. The FullSto and MACDs might be suggesting a major move is upon us. The share price has once again recaptured and moved above all the moving averages. On Friday, the share price moved up from .0055 to .0092 on approx 4 mil shares before the short sighted and end of the week flippers sold and closing at .0074. As you can see on the chart, the stock hit the horizontal resistance (red lines) created a short term double top. But since there were very few shares traded there during both tops, the resistance should be short lived once tested again. A close above .0092 on strong volume, would more than likely bring into play a sharp move to the previous high of .02. The upper bollie began curling up later in the day which should make room to allow for some bollie surfing this week. The declining top (pink line) in place since early March was also broken with Friday's move. For those with patience and some foresight, MPIX could be a very profitable investment. If you aren't familiar with MPIX, I would suggest beginning your DD by reading the websites of ZZYX Entertainment and MPIX. As always, these thoughts are just my opinions. GLTA